rkbruck

Calling a Bottom: It's Time To Party

I am afraid that we won't see a bottom until the markets experience capitulation and there are still too many optomists like you out there for that to happen...yet.

Lehman, How Much Is Your Headquarters Worth?

Regardless of the value of Neuberger and the headquarters (maybe 15 Billion) the fact is the assets on the balance sheet are over stated by about 40 to 50 Billion Dollars (75% of 65 Billion).
The fact is that LEH has a net worth of about
Negative 25 Billion Dollars...How big a piece of that would you like?

Financials To Resume Meltdown Momentarily

Allowing the the ban on Naked Short Selling to expire is simply throwing gasoline on the already flaming funeral pire of the financials...don't be surprised to see two more "Bear Stearns" in the next couple of weeks.

Financials To Resume Meltdown Momentarily

Allowing the ban on Naked Short Selling to expire is simply throwing gasoline on the already flaming funeral pire of the financials...don't be surprised to see a couple of more "Bear Stearns" in the next two weeks.